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Strip Mall Redevelopment Property
New
For Sale
$899,000

233 E Main Street, Farmington, AR 72730

CommercialSale, Farmington, AR

Property Size7,746 SF
Lot Size1.00 Acre
Price / SF$116.06
Days on Market1

Property Features for 233 E Main Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Parking features Parking Lot
Appliances GasWaterHeater
Lot features City Lot
Directions I-49 Exit 62, west on Hwy 62 to Farmington. Building is right beside Tractor Supply.
Standard status Active
APN 760-01423-001
Size 7,746 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description 24-16-31; PT SW SW 1 A.
Tax Annual Amount 5958
Legal Description 24-16-31; PT SW SW 1 A.

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1982
Flooring type Laminate, Carpet, Tile, Simulatedwood
Building materials Masonite
Roof type Shingle
Listing Agency: Legend Realty Inc
Listed By: Keith Marrs · License #PB00052249
Added: Sep 15 Last Checked: Sep 15 at 6:06PM
MLS# 1362139

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1-acre commercial property includes a 7,746-square-foot strip mall building constructed in 1982. The structure has fire damage and is being offered in its present as-is condition; the existing improvements may be removed or rebuilt. No tenants currently occupy the property.

Approximately 200 feet of frontage along Hwy 62 provides direct highway exposure. The site includes a parking lot and is served by public water and public sewer. Existing building details include a shingle roof, natural gas heating, and Masonite exterior materials. The property is located at 233 E Main Street in Farmington, Arkansas.

Key Highlights

  • 1 acre commercial parcel with approximately 200 feet of Hwy 62 frontage
  • 7,746‑square‑foot strip mall building constructed in 1982
  • Fire‑damaged improvements offered in as‑is condition

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Law Firm HVAC Service Real Estate Agency Electrical Service Pharmacy Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

186
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 74% Home Improvements & Furnishings 26%
Kum & Go Shops & Services
24,129 visits/mo 0.3 miles
Tractor Supply Co. Home Improvements & Furnishings
15,552 visits/mo 0.0 miles
Dollar General Shops & Services
9,610 visits/mo 0.4 miles
Arvest Bank Shops & Services
6,754 visits/mo 0.3 miles
VaporFi Shops & Services
2,338 visits/mo 0.5 miles

Demographics for 72730, AR

9,624
Population
4,017
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
463
Density / Sq Mi
$88,780
Median Household Income
$45,652
Median Earnings
$1,225
Median Rent
$244,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Fire-damaged retail property offered as-is with public water and sewer.
Where is this strip mall located?
The property is located at 233 E Main Street Farmington, AR.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1 acre commercial parcel with approximately 200 feet of Hwy 62 frontage; 7,746‑square‑foot strip mall building constructed in 1982; Fire‑damaged improvements offered in as‑is condition
More about this property
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